Hanoi, June 26 -- The plan constitutes part of Viet Nam's efforts to implement its international commitments to prevent and combat money laundering, terrorism financing, and proliferation financing.
The plan aims to remove Viet Nam from the list of countries subject to increased monitoring issued by the Financial Action Task Force (FATF) - a global money laundering and terrorist financing watchdog.
Under the plan, the Government required ministries and central agencies to develop, issue, and effecively carry out their action plans to reduce risks of money laundering for 2023-2028 period.
Ministries and central agencies are requested to develop and implement supervision mechanisms for the deployment of their action plans; enhance cooperat...